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Fortune Valley Treasures (Fortune Valley Treasures) 6-Month Price Index : 0.26 (As of May. 15, 2024)


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What is Fortune Valley Treasures 6-Month Price Index?

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2024-05-15), Fortune Valley Treasures's 6-Month Price Index is 0.26.

Competitive Comparison of Fortune Valley Treasures's 6-Month Price Index

For the Beverages - Wineries & Distilleries subindustry, Fortune Valley Treasures's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Fortune Valley Treasures  (OTCPK:FVTI) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Fortune Valley Treasures  (OTCPK:FVTI) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.

Fortune Valley Treasures 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of Fortune Valley Treasures's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.

Fortune Valley Treasures (Fortune Valley Treasures) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Fortune Valley Treasures Inc (OTCPK:FVTI) » Definitions » 6-Month Price Index
Comparable Companies
JOAN TLF LNBY PTZH FTEL NVVE ZKGCF SSUNF SPEV GHST ORLY TSX:ATD AZO SHSE:601888 TSCO ULTA GPC BBY ADX:ADNOCDIST CASY
Traded in Other Exchanges
N/A
Address
No. 139 Liansheng Road, B1601 Oriental Impression Building 2, Humen Town, Dongguan, Guangdong, CHN, 523900
Website
http://www.fvti.show
Fortune Valley Treasures Inc is engaged in operations of wholesale distribution and retail sales of food and beverage products in the People's Republic of China. The company is into acquiring businesses that are in the food, beverage, and alcohol industries. Its products include a variety of wines, such as dry red wine, dry white wine, rose wine, and sweet wine, and other products. Its products are sold to retailers, such as wine shops, convenience stores, and supermarkets.
Executives
Kaihong Lin director, officer: CFO, Treasurer, Director NO. 10 OF TUANJIE 2ND ROAD, BEICE, HUMEN, DONGGUAN, GUANGDONG F4 518000
Xinlong Shen director, officer: CEO, CFO 19F, LIANHE TOWER, 1069 NANHAI AVE,, NANSHAN DISTRICT, SHENZHEN F4 518000

Fortune Valley Treasures (Fortune Valley Treasures) Headlines

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